Latest UK & Offshore Investment, International Finance and Savings News

Read about the latest savings rates and product updates from various offshore deposit and privte banking providers.

Some 42 million affected by poor understanding and control of their finances, report shows

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News - Savings
Written by Ray Clancy   
Wednesday, 07 July 2010 09:19

Poor understanding and control of personal finances is damaging the well being of up to 42 million adults in the UK, from high-level managers to low earners and pensioners, says a new report by AXA.
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Millions of investors with fixed rates that mature in 2010 facing a savings precipice, it is claimed

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News - Savings
Written by Ray Clancy   
Monday, 05 July 2010 08:27


Millons of investors with fixed rate products that mature in 2010 will see their income fall of a savings precipice due to historically low interest rates, a major bank is warning.

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Recession starting to affect pension saving as less is put away for the future, research shows

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News - Savings
Written by Ray Clancy   
Tuesday, 29 June 2010 12:00

Pensions savings in the UK are being hit by recession woes with 41% saving less because of the economic downturn, according to a report published today (Tuesday June 29).
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More investors are reviewing their savings products to seek better returns, survey shows

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News - Savings
Written by Ray Clancy   
Monday, 07 June 2010 08:24
Investors are reviewing their savings plans because they are looking for growth but with interest rates so low few expect to make an income, research shows.
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ISA rush prompted by new rules and allowances with brokers reporting surge in interest

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News - Savings
Written by Ray Clancy   
Thursday, 22 April 2010 10:00
ISAs are a more attractive investment thanks to new rules and investors have been rushing to take advantage of them, according to various experts.
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Savers looking for fixed rates are losing out in drive to keep mortgages down, it is claimed

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News - Savings
Written by Ray Clancy   
Tuesday, 06 July 2010 09:27

Savers taking out a fixed rate bond today will receive up to 23.3% less interest than they would have nine months ago, according to new research.

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Cash ISAs to be transferred more quickly in major changes agreed by banking industry

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News - Savings
Written by Ray Clancy   
Wednesday, 30 June 2010 09:01

The maximum time taken to transfer cash ISAs between providers is to be cut from 23 to 15 working days following a review after the Office of Fair Trading received a super complaint from over the way the market operates.

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Packaged accounts increase by 94% in four years but experts warn there is no let up for savers

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News - Savings
Written by Ray Clancy   
Tuesday, 08 June 2010 10:00

The number of packaged current accounts available has increased by 94% in the last four years with their average monthly fee also rising, by 42%, research shows.

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Millions could be brought into Capital Gains Tax net if the tax-free allowance is dropped in Budget, analysts warn

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News - Savings
Written by Ray Clancy   
Wednesday, 02 June 2010 12:00
Millions of average long-term savers could be dragged into the Capital Gains Tax net if the new UK government’s tax changes include significantly reducing the tax-free allowance, experts are warning.
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Investors and savers urged to challenge all political parties on their financial pledges in the run up to next month’s general election

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News - Savings
Written by Ray Clancy   
Manifesto pledges by the three main political parties in the UK do not stack up and do nothing to create confidence for investors and savers , it is claimed.
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